Summit Hotel Properties, Inc. (INN) director logs insider stock sale and holdings
Rhea-AI Filing Summary
Summit Hotel Properties, Inc. insider reports stock sale and holdings. A director of Summit Hotel Properties, Inc. (ticker INN) reported a sale of common stock dated 01/05/2026. The filing shows a sale of 25,000 shares of common stock at a price of $4.84 per share.
After this transaction, the director directly owned 73,393 shares of common stock. In addition, 444,295 shares of common stock were reported as indirectly owned through Sagestar Family, LLC. These indirect shares were issued to an entity partially owned by the reporting person, who disclaims beneficial ownership except to the extent of his pecuniary interest.
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FAQ
What insider transaction was reported for Summit Hotel Properties, Inc. (INN)?
A director reported a sale of 25,000 shares of Summit Hotel Properties, Inc. common stock on 01/05/2026 at a price of $4.84 per share.
How many Summit Hotel Properties, Inc. (INN) shares does the insider own directly after the transaction?
Following the reported sale, the director beneficially owned 73,393 shares of Summit Hotel Properties, Inc. common stock directly.
What indirect ownership in Summit Hotel Properties, Inc. (INN) did the insider report?
The filing reports 444,295 shares of common stock as indirectly owned through Sagestar Family, LLC.
What does the filing say about the insider7s beneficial ownership of the Sagestar Family, LLC shares?
It explains that the shares were issued to an entity partially owned by the reporting person, who disclaims any beneficial ownership of those shares except to the extent of his pecuniary interest.
What role does the reporting person have at Summit Hotel Properties, Inc. (INN)?
The reporting person is identified as a Director of Summit Hotel Properties, Inc.
Is this insider filing for one or multiple reporting persons for Summit Hotel Properties, Inc. (INN)?
The document states that the form is filed by one reporting person, not by more than one reporting person.